Acquisition

(Photo Credit: KDKA)

Local Leaders Confident Heinz Will Stay In Pittsburgh, Prosper

How will the new mega-company, formed by the merger of Heinz and Kraft Foods, affect our region?

03/25/2015

(Photo by Aaron Davidson/Getty Images For SOBEWFF)

H.J. Heinz Buying Kraft In Deal To Create Food Giant

H.J. Heinz Co. is buying Kraft Foods Group Inc., creating what the companies say will be the third-largest food and beverage company in North America.

03/25/2015

(Photo Credit: KDKA)

Staples Buys Office Depot For $6 Billion

The rapidly changing tools of the work place and the way we shop has led to another major consolidation in the retail office supply business as Staples announced the $6 billion acquisition of rival Office Depot.

02/04/2015

(Photo Illustration by Oli Scarff/Getty Images)

Heinz Announces Elimination Of 350 Jobs In Pittsburgh

Food company H.J. Heinz Co. is eliminating 600 jobs across the U.S. and in Canada, including 350 in Pittsburgh.

08/13/2013

(Photo Credit: KDKA)

Judge OKs Nixing Of Highmark Suit Settlement

A federal judge has approved the withdrawal of a proposed settlement of health insurance ratepayers and insurer Highmark Inc.

05/08/2013

(Photo Credit: Dave Colabine/KDKA)

Shareholders Approve Heinz Acquisition

It’s almost a done deal, with 95 percent of the shareholders approving the acquisition of Heinz by Berkshire Company and a Brazilian private equity company for $72.50 per share.

04/30/2013

(Photo Credit: KDKA)

New Highmark Ad Goes After UPMC

Highmark has launched a new advertisement designed to rally support for its acquisition of West Penn Allegheny with a pointed attack on its rival UPMC.

04/12/2013

(Photo Credit: KDKA)

PNC To Acquire RBC’s United States Unit

PNC Financial Service Group announced that they plan on acquiring the United States retail operations of Royal Bank of Canada Monday morning.

06/20/2011